Canadian Dollars

Canadian Dollars
1935

Thursday, January 21, 2010




1935 Canadian Silver Dollar, this is the first Silver dollar minted, with a mintage of 428,707
This is a commenorative coin which marked the 25th anniversary of the accession of King George V. When they were minted a lot of people kept them as keep sakes and even till today they are easy to find. You can buy them on E-Bay starting around $5.00 or even cheaper if someone has just posted it for .99 cents. We do not really know actually how many are still around, as there is no record that is obtainable from the mint on how many have been melted and we will never know how many were just lost. And it can get confusing when you see a later date coin with a higher mintage worth more.
For example a 1935 Silver Dollar in MS-65 condition (mint state), meaning its been in circulation but is still in perfect condition with no visable marks on it that can been seen with the naked eye. The trend value would be $500.00.
Now lets look at a 1964 Silver Dollar which is also a commemorative coin marking the centennial of the 1864 meetings in Charlottetown, P.E.I and Quebec City. The mintage was 7,296,832 and in MS-65 condition has a trend value of $1,500. Strange enough there is a high demand for this coin in this condition, meaning that they might be hard to find and a lot were melted down or are being hoarded in large quanities. Again there are no records which are obtainable on how many were melted down, if we knew this information it could change the value of coins a great deal.

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